Deutsche Bank`s chief executive John Cryan on Wednesday called on the European Central Bank to change course on monetary policy as asset price bubbles develop.

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He also said Frankfurt is the most natural location as a financial hub as banks move from London after Britain`s decision to leave the European Union.

"The era of cheap money in Europe should come to an end - despite the strong euro," Cryan told a room full of bankers in Frankfurt a day before the ECB`s governors meet to discuss policy.

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